Jefferies' Thilo Wrede warns investors not to get too excited about a potential Pepsi (PEP...

|By:, SA News Editor

Jefferies' Thilo Wrede warns investors not to get too excited about a potential Pepsi (PEP +0.7%) for Mondelez (MDLZ +1.1%) deal, despite pressure from Nelson Peltz. Although such a move might look accretive, appearances can be deceiving, and Wrede doesn't think such the proposal is consistent with either firm's plans.